Like your thinking but one important comment is when you mentioned that Behavioural Economics was reputable and implied Psychology was not. I am a Psychologist and I just wanted to remind everyone that Behavioural Economics IS Psychology, purely - all the rules of thumb in Behavioural Economics have been borrowed from Psychology... and essentially re-branded as Behavioural Economics. Psychology is reputable due to the use of the scientific method (yes, maths and models involved), like economics.
3:30 the behavioral economist's name is Richard Thaler, nor Dick Thaler.
dige62 8 months ago
Like your thinking but one important comment is when you mentioned that Behavioural Economics was reputable and implied Psychology was not. I am a Psychologist and I just wanted to remind everyone that Behavioural Economics IS Psychology, purely - all the rules of thumb in Behavioural Economics have been borrowed from Psychology... and essentially re-branded as Behavioural Economics. Psychology is reputable due to the use of the scientific method (yes, maths and models involved), like economics.
wsmythe 1 year ago
God bless Rory Sutherland he may save our industry! Finally a concrete vision for the future of advertising.
AntonisKocheilas 1 year ago
hear, hear, mr sutherland, good points and on much more then behavioral economics
GhostofChance 1 year ago
Brilliant!!!
UpTick21 2 years ago